Commercial Lines

Commercial-insurance rates were up by 7 percent in 2013s first quarter compared to the same period a year ago, essentially continuing the pace of increases seen over the past two quarters, Towers Watson says in a recent survey.

PC360 talks to John Q. Doyle, CEO of Global Commercial Insurance for AIG, about pricing trends, recent departures and the company's overall strategy.

A look at first-quarter results of the 50 largest U.S. insurers shows the industry may be starting to see the benefits of price increases the last two years.

Travelers says The Dominion and Travelers Canadian operations will combine and the organization will remain headquartered in Toronto.

Tropical Storm Andrea moved briskly along the South Carolina coast on May 7, bringing drenching rains and threatening to spawn tornadoes as it churns up the Eastern Seaboard, U.S. forecasters said.

Product Recall Insurance is one of the more high-profile products in the Excess & Surplus arena, with some 59 million products recalled last year and product-recall claims hitting seven figures. Click to see the Top 10 Product Recalls in 2012.